The estimated reading time for this post is 35 seconds

Ripple (XRP) is a payment protocol and network token which aims to compete with the banking protocol SWIFT. The crypto asset is currently down 92% from the all time high established in January 2018. The XRP market cap stands at US$12.69 billion at time of writing. Fundamentals continue to show low network use and relatively high average transaction values with nearly zero fees. It remains difficult or impossible to determine if this represents institutional use or if these metric values are fueled purely by speculative demand. Transfers between exchanges and user wallets, as well as large monthly escrow transactions will inflate average transaction values and cause declining pressure on NVT. Read the entire in depth analysis on Brave New Coin

Karen Holleran

Karen Holleran

Karen Holleran Editor @aikarensf Karen is a proud third generation San Franciscan, and has worked in various positions including developer relations, winemaking, freelance writing, and as a teaching assistant for autistic children. She is passionate about disruptive tech, artificial intelligence, cryptocurrencies, and blockchain technology. She is excited at how these technologies can improve the quality of life for people globally. When Karen isn’t busy discovering new things, you can find her enjoying the diversity of the Bay Area, keeping up to date on the latest tech news, or relaxing at home with her beloved rescued cat.

View all posts
Read previous post:
New financial products launch globally as crypto turns ‘hot’ again

On April 2nd the price of bitcoin jumped by 15 percent – signaling for many an end to the “crypto...